Filing Taxes
Filing taxes is an annual chore, and the tax code is complicated. Find tax forms and advice you need to file your tax return this year and pay the IRS.
Tax Basics
Latest Tax Filing Articles
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Co-owned property with an ex can be taxing
Even if you’re on good terms after the breakup, get your financial deals in writing.
2 min read Jun 14, 2011 -
Deducting taxes on unimproved land
You can elect to capitalize some expenses if you can’t benefit from a tax deduction.
2 min read Jun 02, 2011 -
Claiming 25-year-old son as dependent
You should amend your tax return, as he earned too much money to be claimed as a qualifying relative.
1 min read May 05, 2011 -
What happens to investment interest expenses?
The investment interest expense of the decedent spouse is not eligible for carry-over.
1 min read May 03, 2011 -
Dipping into your IRA, a taxing downer
Tap your IRA as a first-time homebuyer without a penalty, but you will pay income taxes.
2 min read Apr 22, 2011 -
How to account for business loss
If you use the cash-basis method of accounting, you can’t incur a loss for an uncollected account.
1 min read Apr 19, 2011 -
10 craziest tax deductions for 2011
Tax time lends itself to the occasional crazy deduction.
1 min read Apr 18, 2011 -
Job hunting could help cut your taxes
You may be pleasantly surprised to learn that your job search can help cut your tax bill.
1 min read Apr 12, 2011 -
Deducting travel and entertainment expenses
You can treat tickets as either a gift or entertainment, whichever is to your advantage.
2 min read Apr 07, 2011 -
10 craziest tax deductions for 2011
Taxpayers cook up wacky ways to shave their taxes. CPAs share the funniest ones.
5 min read Apr 05, 2011 -
Paying tax on foreign real estate
You can’t double dip, but you also don’t want to be double taxed on your Canadian rental unit.
2 min read Apr 05, 2011 -
Win a Super Bowl? It’s taxable!
Did you know your that your Super Bowl winnings are taxable?
1 min read Mar 01, 2011 -
Deduct storage fees for a motor home?
The IRS is generous when it comes to vacation and second homes, to a point.
1 min read Feb 15, 2011 -
4 facts about your federal tax rate
You need to know four basic rules to calculate how much you owe the IRS at tax time.
1 min read Feb 12, 2011 -
Taxes on the sale of a fishy business
The tax issues involved in selling an LLC need to be sorted out before claiming a loss.
2 min read Feb 10, 2011 -
Claiming the Making Work Pay credit
Claiming the Making Work Pay credit requires more tax paperwork, such as filling out Schedule M.
2 min read Feb 10, 2011 -
Is mortgage payment help taxable?
The IRS taxes mortgage payments made by your insurer, but you can still deduct interest.
1 min read Feb 08, 2011 -
3 tips on finding a tax attorney
Here are some tips on what to look for in your tax attorney.
1 min read Feb 04, 2011 -
Is 19-year-old still a dependent?
You can claim two types of qualifying dependents on your return, if they meet IRS rules.
2 min read Jan 27, 2011 -
7 tax law changes that affect 2010 taxes
Some new tax laws and their timing could mean a bigger refund this filing season.
3 min read Jan 25, 2011